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support level

noun

, Stock Exchange.
  1. a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth.


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Word History and Origins

Origin of support level1

First recorded in 1950–55

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Example Sentences

Besides the powerful motor, the Paselec e-bike features a progressive Smart Assist mode, adjusting the support level to suit the riding situation.

As long as bonds can maintain current levels and not breach the next support level, rates will remain the same.

However, that support level is down from 65% in a Fortune-SurveyMonkey poll in September.

From Fortune

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gallimaufry

[gal-uh-maw-free ]

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